Business Certificates of Deposit (CDs)

Diversify business funds with insured certificates — add liquidity by laddering multiple CDs.

Key Features

Details

Fixed rates, higher than regular savings
- Receive higher rates by selecting a longer term
Provides more guarantee than other risky investments
Set aside for future savings goals
A wide range of terms available (from 3 months to 5 years)
No setup or maintenance fees
Interest may be reinvested, deposited into another account, or paid by check
Interest can be paid monthly, quarterly, semi-annually, annually, or at maturity
Early withdrawals subject to penalty¹
Automatic certificate renewal available
May be used as collateral on loans
$1,000 minimum deposit to open

¹Early withdrawals may result in penalties according to your term.